Once producers understand what Climate Corp offers “is truly just weather insurance – it’s essentially crop agnostic – they say ‘you know what, I have 100 acres of cantaloupes that I’ve never been able to get insurance for. But I’ve been growing them for 15 years and I know what’s important.’ That might be rain in September, or heat in July -- some weather event that makes or breaks the crop.”

In such cases, Climate Corp simply adjusted a TWI corn or soybean policy and adapted it for whatever specialty crop the producer grows.

What about cotton and rice? Sugarcane in Louisiana?

“Rice and cotton are our next two target crops. We’ve covered rice growers before – rain in September and worries about hurricanes knocking the crop down and becoming lodged. We built a policy that said ‘if there’s ever a day or two with more than 3 or 4 inches of rain, it probably means you had a tropical storm or hurricane come through. We’ll pay you based on that.’

“But we’re working on developing (specific) programs for rice and cotton next.”